Do Technology Shocks Lead to Productivity Slowdowns? : Evidence from Patent Data /
This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The benchmark measure of technological progress is given by data on patent applications in the U.S. over the period 1889-2002. The analysis shows that labor productivity may temporarily fal...
Κύριος συγγραφέας: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2008.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2008/024 |
Διαθέσιμο Online: | Full text available on IMF |